Last 7 days
-6.6%
Last 30 days
-5.8%
Last 90 days
-6.5%
Trailing 12 Months
-3.9%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-15 | Nelson Joshua B | gifted | - | - | -400 | vice president |
2023-09-15 | Nelson Joshua B | acquired | 303 | 110 | 2.736 | vice president |
2023-09-01 | Higginbotham Robert C.T. | sold | -3,378 | 112 | -30.00 | vice president |
2023-09-01 | Higginbotham Robert C.T. | acquired | 19,355 | 93.7011 | 206 | vice president |
2023-08-30 | Thomson Andrew Justin Mackenzie | sold | -1,338,410 | 111 | -11,969 | vice president |
2023-08-30 | Thomson Andrew Justin Mackenzie | acquired | 828,407 | 69.2127 | 11,969 | vice president |
2023-08-28 | Jackson Stephon A. | sold (taxes) | -291,871 | 110 | -2,644 | vice president |
2023-08-28 | Jackson Stephon A. | acquired | 252,003 | 69.2127 | 3,641 | vice president |
2023-08-28 | Jackson Stephon A. | acquired | 25,562 | 112 | 226 | vice president |
2023-08-01 | Smith Cynthia F | acquired | - | - | 2,478 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | added | 0.81 | 46.00 | 13,938 | -% |
2023-09-21 | Jefferies Group LLC | new | - | 2,501,020 | 2,501,020 | 0.02% |
2023-09-20 | BARCLAYS PLC | added | 95.06 | 30,719,000 | 63,562,000 | 0.04% |
2023-09-12 | Farther Finance Advisors, LLC | added | 15.57 | 14,360 | 112,244 | 0.03% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | -31.00 | 3,953 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 2,894,040 | 2,894,040 | 0.15% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 580,934 | 580,934 | 0.11% |
2023-08-28 | BASSETT HARGROVE INVESTMENT COUNSEL, LLC | added | 0.91 | -4,000 | 849,000 | 1.59% |
2023-08-25 | STRATEGY ASSET MANAGERS LLC | added | 6.14 | 11,733 | 232,369 | 0.05% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -5,016 | 638,514 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 10, 2023 | state street corp | 6.69% | 14,949,873 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 12.40% | 27,714,213 | SC 13G/A | |
Feb 07, 2023 | blackrock inc. | 8.2% | 18,399,873 | SC 13G/A | |
Feb 14, 2022 | state street corp | 5.40% | 12,126,661 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 8.4% | 18,809,279 | SC 13G/A | |
Feb 11, 2021 | state street corp | 5.06% | 11,462,942 | SC 13G | |
Feb 10, 2021 | vanguard group inc | 8.71% | 19,720,005 | SC 13G/A | |
Feb 01, 2021 | blackrock inc. | 7.9% | 17,971,561 | SC 13G/A | |
Feb 14, 2020 | state street corp | 5.6% | 13,093,054 | SC 13G | |
Feb 12, 2020 | vanguard group inc | 8.86% | 20,717,039 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 18, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Aug 31, 2023 | 4 | Insider Trading | |
Aug 30, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 29, 2023 | 4 | Insider Trading | |
Aug 03, 2023 | 3 | Insider Trading | |
Aug 03, 2023 | 4 | Insider Trading | |
Aug 03, 2023 | 8-K | Current Report | |
Aug 02, 2023 | S-8 | Employee Benefits Plan | |
Aug 02, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CME | 71.7B | 5.4B | -1.67% | 15.34% | 24.08 | 13.17 | 39.96% | 1.84% |
ICE | 60.0B | 9.6B | -7.40% | 17.08% | 35.57 | 6.27 | 1.00% | -49.94% |
NDAQ | 23.6B | 6.1B | -9.01% | -15.18% | 21.34 | 3.86 | 3.28% | -2.99% |
CBOE | 16.5B | 3.9B | 3.11% | 35.01% | 25.27 | 4.23 | 6.88% | 207.99% |
TROW | - | 6.3B | -5.83% | -3.89% | - | - | -14.15% | -36.16% |
MID-CAP | ||||||||
IBKR | 8.9B | 4.8B | -6.82% | 35.22% | 3.7 | 1.87 | 226.24% | 90.31% |
SEIC | 8.0B | 1.9B | -1.79% | 18.10% | 19.92 | 4.22 | -8.00% | -31.66% |
SF | 6.5B | 4.8B | -5.32% | 13.04% | 10.51 | 1.34 | 2.69% | -21.37% |
SNEX | 2.0B | 60.6B | -0.92% | 17.12% | 8.21 | 0.03 | -1.46% | 48.12% |
SMALL-CAP | ||||||||
BGCP | 1.7B | 1.9B | 8.85% | 32.11% | 239.3 | 0.92 | 0.08% | -93.14% |
VIRT | 1.6B | 2.2B | -9.33% | -23.28% | 8.35 | 0.74 | -14.47% | -57.71% |
COWN | 1.1B | 1.5B | 0.39% | 32.10% | 14.3 | 0.71 | -27.22% | -74.14% |
AC | 792.0M | 23.7M | -1.37% | 1.86% | 43.3 | 33.48 | 51.04% | 152.07% |
OPY | 411.5M | 1.2B | -2.42% | 17.03% | 12.8 | 0.33 | 4.38% | -66.00% |
WETF | 742.8M | 313.5M | - | - | 14.66 | 2.47 | 0.19% | 735.99% |
6.5%
9.4%
1.2%
-4.2%
73.1%
42.3%
14.2%
Y-axis is the maximum loss one would have experienced if T Rowe Price Group was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.6% | 6,260 | 6,163 | 6,488 | 6,926 | 7,292 | 7,708 | 7,672 | 7,443 | 7,085 | 6,571 | 6,207 | 5,943 | 5,773 | 5,753 | 5,618 | 5,454 | 5,422 | 5,372 | 5,373 | 5,365 | 5,209 |
Operating Expenses | 5.6% | 4,415 | 4,183 | 4,115 | 3,943 | 3,887 | 4,014 | 3,962 | 3,840 | 3,749 | 3,639 | 3,461 | 3,372 | 3,273 | 3,192 | 3,231 | 3,105 | 3,092 | 3,062 | 3,011 | 3,015 | 2,951 |
EBITDA | -100.0% | - | 1,889 | 1,948 | 2,693 | 3,179 | 3,888 | 4,193 | 4,427 | 4,363 | 4,031 | 3,242 | 2,847 | 2,628 | 2,399 | 2,927 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.31* | 0.30* | 0.39* | 1.22* | 0.50* | 0.55* | 0.59* | 0.62* | 0.61* | 0.52* | 0.48* | 0.46* | 0.42* | 0.52* | - | - | - | - | - | - |
Earnings Before Taxes | 13.3% | 2,140 | 1,889 | 1,948 | 2,472 | 2,965 | 3,678 | 3,995 | 4,228 | 4,164 | 4,031 | 3,242 | 2,847 | 2,628 | 2,399 | 2,927 | 2,567 | 2,631 | 2,520 | 2,385 | 2,627 | 2,478 |
EBT Margin | -100.0% | - | 0.31* | 0.30* | 0.36* | 1.14* | 0.48* | 0.52* | 0.57* | 0.59* | 0.61* | 0.52* | 0.48* | 0.46* | 0.42* | 0.52* | - | - | - | - | - | - |
Net Income | 9.7% | 1,548 | 1,412 | 1,558 | 2,033 | 2,425 | 2,901 | 3,083 | 3,126 | 2,992 | 2,779 | 2,373 | 2,135 | 2,037 | 1,962 | 2,131 | 1,938 | 1,975 | 1,896 | 1,838 | 1,833 | 1,641 |
Net Income Margin | -100.0% | - | 0.23* | 0.24* | 0.29* | 0.93* | 0.38* | 0.40* | 0.42* | 0.42* | 0.42* | 0.38* | 0.36* | 0.35* | 0.34* | 0.38* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 1,524 | 2,122 | 2,618 | 3,137 | 3,326 | 3,213 | 2,855 | 1,849 | 1,899 | 1,704 | 1,728 | 1,999 | 1,529 | 1,318 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 3.8% | 12,621 | 12,157 | 11,643 | 11,993 | 11,769 | 12,348 | 12,509 | 11,451 | 11,279 | 10,764 | 10,659 | 10,135 | 9,477 | 8,637 | 9,330 | 9,398 | 8,912 | 8,459 | 7,689 | 8,531 | 7,882 |
Cash Equivalents | 7.4% | 2,250 | 2,094 | 1,756 | 2,366 | 2,187 | 2,085 | 1,624 | 3,510 | 3,571 | 2,914 | 2,257 | 2,306 | 2,183 | 1,680 | 1,858 | 2,294 | 1,913 | 1,734 | 1,495 | 2,196 | 1,484 |
Net PPE | 1.2% | 771 | 762 | 756 | 753 | 747 | 736 | 736 | 719 | 717 | 704 | 695 | 682 | 685 | 675 | 674 | 679 | 672 | 667 | 661 | 657 | 655 |
Goodwill | 0% | 2,643 | 2,643 | 2,643 | 2,652 | 2,652 | 2,644 | 2,693 | 666 | 666 | 666 | 666 | 666 | 666 | 666 | 666 | 666 | 666 | 666 | 666 | 666 | 666 |
Liabilities | 4.2% | 2,170 | 2,083 | 1,956 | 2,298 | 2,031 | 2,231 | 2,255 | 2,102 | 2,506 | 1,743 | 1,390 | 1,666 | 1,637 | 1,232 | 1,107 | 1,455 | 1,321 | 1,261 | 825 | 1,210 | 1,028 |
Shareholder's Equity | 0.3% | 9,264 | 9,240 | 8,840 | 8,908 | 9,173 | 9,327 | 9,271 | 8,262 | 7,893 | 8,008 | 7,707 | 7,129 | 6,751 | 6,434 | 7,102 | 6,840 | 6,579 | 6,311 | 6,124 | 6,461 | 6,115 |
Additional Paid-In Capital | 3.7% | 521 | 502 | 438 | 499 | 655 | 668 | 920 | 655 | 674 | 655 | 655 | 655 | 655 | 655 | 655 | 655 | 655 | 655 | 655 | 655 | 655 |
Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 235 | - | - | 236 | 238 | 243 | 243 |
Minority Interest | 4.0% | 202 | 194 | 191 | 207 | 209 | 272 | 249 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -12.9% | 1,539 | 1,768 | 2,359 | 2,856 | 3,377 | 3,561 | 3,452 | 3,093 | 2,080 | 2,126 | 1,919 | 1,939 | 2,215 | 1,732 | 1,523 | 1,634 | 1,639 | 1,678 | 1,620 | 1,363 | 1,020 |
Share Based Compensation | -1.0% | 278 | 281 | 285 | 294 | 284 | 281 | 275 | 248 | 249 | 245 | 246 | 235 | 228 | 221 | 207 | 198 | 197 | 195 | 197 | 177 | 169 |
Cashflow From Investing | -47.6% | -151 | -102 | -41.50 | -1,225 | -1,129 | -1,063 | -1,098 | 74.00 | -33.00 | -94.70 | -36.30 | -300 | -293 | -263 | -324 | -121 | 39.00 | -389 | -875 | -866 | -1,042 |
Cashflow From Financing | 19.7% | -1,265 | -1,577 | -2,076 | -2,714 | -3,627 | -3,325 | -2,988 | -1,958 | -667 | -801 | -1,486 | -1,629 | -1,642 | -1,519 | -832 | -1,399 | -1,352 | -1,303 | -1,239 | -272 | 9.00 |
Dividend Payments | 0.3% | 1,114 | 1,110 | 1,107 | 1,080 | 1,753 | 1,729 | 1,702 | 1,664 | 925 | 883 | 846 | 819 | 792 | 765 | 734 | 722 | 713 | 704 | 694 | 665 | 631 |
Buy Backs | -28.3% | 397 | 554 | 850 | 1,389 | 1,383 | 1,225 | 1,139 | 562 | 486 | 586 | 1,202 | 1,305 | 1,336 | 1,358 | 706 | 1,115 | 1,067 | 1,040 | 1,090 | 554 | 439 |
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues | ||||
Net revenues | $ 1,610.2 | $ 1,513.0 | $ 3,147.8 | $ 3,376.0 |
Operating expenses | ||||
Compensation and related costs | 648.2 | 463.4 | 1,301.7 | 1,045.0 |
Distribution and servicing | 67.8 | 75.7 | 139.3 | 161.6 |
Advertising and promotion | 22.9 | 21.4 | 48.7 | 44.8 |
Product and recordkeeping related costs | 77.7 | 76.3 | 149.8 | 156.7 |
Technology, occupancy, and facility costs | 154.7 | 134.3 | 301.3 | 268.2 |
General, administrative, and other | 100.0 | 96.4 | 207.5 | 195.2 |
Change in fair value of contingent consideration | (23.2) | (50.3) | (72.8) | (95.8) |
Acquisition-related amortization | 28.6 | 27.2 | 54.6 | 54.3 |
Total operating expenses | 1,076.7 | 844.4 | 2,130.1 | 1,830.0 |
Net operating income | 533.5 | 668.6 | 1,017.7 | 1,546.0 |
Non-operating income (loss) | ||||
Net gains (losses) on investments | 89.1 | (169.9) | 183.0 | (259.8) |
Net gains (losses) on consolidated investment products | 24.4 | (104.6) | 69.8 | (206.0) |
Other losses | (7.3) | (5.4) | (11.2) | (12.6) |
Total non-operating income (loss) | 106.2 | (279.9) | 241.6 | (478.4) |
Income before income taxes | 639.7 | 388.7 | 1,259.3 | 1,067.6 |
Provision for income taxes | 158.5 | 100.9 | 336.4 | 265.4 |
Net income | 481.2 | 287.8 | 922.9 | 802.2 |
Less: net income (loss) attributable to redeemable non-controlling interests | 4.8 | (51.8) | 25.0 | (105.3) |
Net income attributable to T. Rowe Price Group | $ 476.4 | $ 339.6 | $ 897.9 | $ 907.5 |
Earnings per share on common stock of T. Rowe Price Group | ||||
Basic (in dollars per share) | $ 2.07 | $ 1.47 | $ 3.90 | $ 3.90 |
Diluted (in dollars per share) | $ 2.06 | $ 1.46 | $ 3.89 | $ 3.88 |
Investment advisory fees | ||||
Revenues | ||||
Net revenues | $ 1,430.8 | $ 1,496.7 | $ 2,822.6 | $ 3,158.8 |
Capital allocation-based income | ||||
Revenues | ||||
Net revenues | 38.7 | (126.3) | 55.6 | (81.9) |
Administrative, distribution, and servicing fees | ||||
Revenues | ||||
Net revenues | $ 140.7 | $ 142.6 | $ 269.6 | $ 299.1 |
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 2,249.7 | $ 1,755.6 |
Accounts receivable and accrued revenue | 761.4 | 748.7 |
Investments | 2,718.4 | 2,539.2 |
Assets of consolidated sponsored investment products ($1,707.3 million at June 30, 2023 and $1,375.6 million at December 31, 2022, related to variable interest entities) | 1,946.1 | 1,603.4 |
Operating lease assets | 261.6 | 279.4 |
Property, equipment and software, net | 771.2 | 755.7 |
Intangible assets, net | 577.4 | 629.8 |
Goodwill | 2,642.8 | 2,642.8 |
Other assets | 692.8 | 688.7 |
Total assets | 12,621.4 | 11,643.3 |
LIABILITIES | ||
Accounts payable and accrued expenses | 381.3 | 406.7 |
Liabilities of consolidated sponsored investment products ($47.2 million at June 30, 2023 and $39.1 million at December 31, 2022, related to variable interest entities) | 71.7 | 89.1 |
Operating lease liabilities | 323.4 | 329.6 |
Accrued compensation and related costs | 511.2 | 228.0 |
Supplemental savings plan liability | 817.3 | 761.2 |
Contingent consideration liability | 23.0 | 95.8 |
Income taxes payable | 42.4 | 46.0 |
Total liabilities | 2,170.3 | 1,956.4 |
Commitments and contingent liabilities | ||
Redeemable non-controlling interests | 985.2 | 656.7 |
STOCKHOLDERS’ EQUITY | ||
Preferred stock, undesignated, $.20 par value – authorized and unissued 20,000,000 shares | 0.0 | 0.0 |
Common stock, $.20 par value—authorized 750,000,000; issued 224,281,000 shares at June 30, 2023 and 224,310,000 at December 31, 2022 | 44.8 | 44.9 |
Additional capital in excess of par value | 520.6 | 437.9 |
Retained earnings | 8,746.2 | 8,409.7 |
Accumulated other comprehensive loss | (47.8) | (53.0) |
Total stockholders’ equity attributable to T. Rowe Price Group, Inc. | 9,263.8 | 8,839.5 |
Non-controlling interests in consolidated entities | 202.1 | 190.7 |
Total stockholders’ equity | 9,465.9 | 9,030.2 |
Total liabilities, redeemable non-controlling interests, and stockholders’ equity | $ 12,621.4 | $ 11,643.3 |